23rd Nov 2022 14:50
SolGold PLC - Brisbane, Australia-based developer of copper-gold deposits in Ecuador - Says Jiangxi Copper Investment Company Ltd and other investors have agreed to buy 180 million shares at USD0.20 cents per share. Specifically, Jiangxi, a China-based firm that principally engages in the mining, smelting and processing of copper, will buy 155 million of shares. Jiangxi will have a 6.3% stake in SolGold. Says all the shares are expected to raise USD36.0 million from the investors. Read More